Pinterest shares rocket 19% on strong revenue and user growth

Pinterest shares rocket 19% on strong revenue and user growth


Sopa Images | Lightrocket | Getty Images

Pinterest shares surged 19.1% after the company beat Wall Street’s fourth-quarter sales estimates and showed robust user growth from a year ago.

The image-sharing company reported revenues of $1.15 billion, ahead of a $1.14 billion estimate from analysts surveyed by LSEG. The figure represented 18% year-over-year growth.

Along with the revenue beat, the company offered an upbeat sales outlook. Pinterest said it expects revenues of between $837 million and $852 million during the first quarter, versus LSEG’s estimate of $833 million.

“Our strategy is paying off,” Pinterest CEO Bill Ready said in a statement. “People are coming to Pinterest more often, the platform has never been more actionable and our lower funnel focus is driving results for users and advertisers.”

Global monthly active user figures also surpassed estimates, showing 11% growth from a year ago. Pinterest reported 553 million users during the period, versus the 547.4 million expected by Wall Street. Revenue per user also topped estimates.

The results come amid a flurry of strong earnings reports from social media companies in recent weeks. Snap shares surged after the bell Tuesday on better-than-expected results, while Meta Platforms recently topped results and reaffirmed plans for heavy artificial intelligence spending.

Following Pinterest’s report, Bernstein analyst Mark Shmulik upgraded shares to outperform from a market perform rating, saying that the company delivered on its “show me story.”

“It’s possible that this quarter was a one-off, though we see enough evidence in execution to believe the pace of progress is sustainable,” he wrote.



Source

Cybersecurity firm Netskope files to go public on the Nasdaq
Technology

Cybersecurity firm Netskope files to go public on the Nasdaq

Sanjay Beri, chief executive officer and founder of Netskope Inc., listens during a Bloomberg West television interview in San Francisco, California. David Paul Morris | Bloomberg | Getty Images Cloud security platform Netskope will go public on the Nasdaq under the ticker symbol “NTSK,” the company said in an initial public offering filing Friday. The […]

Read More
Intel stock rises as Trump says chipmaker has agreed to sell stake to government
Technology

Intel stock rises as Trump says chipmaker has agreed to sell stake to government

Lip-Bu Tan, chief executive officer of Intel Corp., departs following a meeting at the White House in Washington, DC, US, on Monday, Aug. 11, 2025. Alex Wroblewski | Bloomberg | Getty Images Intel shares rose about 6% on Friday after Bloomberg reported that the Trump administration is poised to announce that the U.S. government will […]

Read More
Ether surges, trading close to its record again after Powell speech teasing rate cuts
Technology

Ether surges, trading close to its record again after Powell speech teasing rate cuts

Omar Marques | Lightrocket | Getty Images The price of ether rebounded to near-record levels on Friday after Federal Reserve Chair Jerome Powell hinted at upcoming rate cuts and investors returned to risk-on mode. The second largest cryptocurrency was last higher by 12% at $4,738.91, according to Coin Metrics. Last week, ether nearly touched its […]

Read More